The company said total revenue for the three months ended April 30, 2024 rose 6.0% to $161.5 billion, operating income grew 9.6%, and adjusted operating income, which excludes business reorganization charges, increased 13.7%.

1. 01

   The company said total revenue for the three months ended April 30, 2024 rose 6.0% to $161.5 billion, operating income grew 9.6%, and adjusted operating income, which excludes business reorganization charges, increased 13.7%.

2. 02

   The company said GAAP EPS for the same quarter was $0.63 and adjusted EPS was $0.60. It explained that adjusted EPS excludes the after-tax effect of a net gain of $0.05 on equity and other investments and business reorganization charges of $0.02.

3. 03

   Walmart said operating cash flow for the 3 months was $4.2 billion, a decrease of $0.4 billion, and free cash flow was negative $0.4 billion, a decrease of $0.6 billion. It said capital expenditures rose $0.2 billion.

4. 04

   The company expects constant currency net sales to increase 3.5% to 4.5% in Q2 and adjusted EPS of $0.62 to $0.65. It said full-year FY25 net sales growth is expected to be at the high-end or slightly above its previous guidance of 3.0% to 4.0%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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